Bloomberg reports that Chinese officials doubt a long-term trade agreement with Donald Trump is possible. This casts a long shadow even on a short-term trade deal especially after a meeting between the US and China in Chile was cancelled. This report puts downward pressure on US bond yields and sends a warning signal to equity investors too. The USDJPY is dipping following the announcement as well.
The USDJPY is declining on the Bloomberg report. Source: xStation5
Wall Street indices are edging lower after the holiday break, with some profit-taking following Tuesday’s gains. The S&P 500 advanced 1.1%...
11:16Interest rates in Turkey have been lowered by 250 basis points to 47.5% from 50%. A cut to 48.5% was expected. It is worth mentioning that inflation has...
09:32The US100 is retreating just below 22000 points today, after a strong rally on Tuesday, Christmas Eve. The growth was driven by technology companies. Strong...
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